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Bond Convexity Calculator

Investing & Markets

Calculate a bonds convexity, a measure of how much its price-yield relationship curves, using the effective convexity method.

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Bond Convexity

67.95

How much the bonds price-yield curve bends; higher convexity means more price gain when yields fall than price loss when yields rise by the same amount.

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Bond Price at Current YTM

$798.70

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Odeh Ahwal

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Odeh Ahwal
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Frequently Asked Questions

What does bond convexity measure?

Convexity measures the curvature of a bonds price-yield relationship. Duration alone assumes a straight-line relationship, but convexity captures that bond prices actually rise more when yields fall than they fall when yields rise by the same amount.

How is convexity calculated here?

This calculator uses the effective convexity method: it prices the bond at the current yield, then at the yield shocked up and down by a small amount, and combines the three prices into a single convexity figure.

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